PRESS STATEMENT PCC M&A Review Moratorium in the Bayanihan 2 Act 14 September 2020    As part of its response to the COVID-19 pandemic, the Bayanihan To Recover As One(Bayanihan 2) Act exempts from compulsory notification those mergers and acquisitions with transaction value of less than P50 billion which are entered into within two (2) years from… continue reading ››

SMC-Holcim Transaction 12 May 2020   The Philippine Competition Commission (PCC) received information that San Miguel Corporation’s subsidiary, First Stronghold Cement Industries, Inc. (FSCII), shall no longer proceed in acquiring Holcim Philippines, Inc. (HPI) upon the lapse of the parties’ agreement on Sunday, 10 May 2020. The PCC, however, has yet to receive formal notice from the… continue reading ››

PRESS STATEMENT 18 November 2019   Re: Grab’s Extended Undertaking and Fines   Colleagues from the Philippine Competition Commission, friends from the media, good morning.   We are pleased to announce that the Philippine Competition Commission has approved a new set of commitments undertaken by Grab to address the lingering competition concerns in the ride-hailing… continue reading ››

PRESS STATEMENT 22 April 2019   PCC looks into power plant shutdowns, outages for alleged collusion   The Philippine Competition Commission (PCC) looks into allegations of collusion or abuse of dominance amid a series of shutdowns among power plants that may have contributed to price increase in the retail electricity market. The recent spate of scheduled… continue reading ››

PRESS STATEMENT 29 March 2019   PCC Statement on Alleged Cold Storage Cartel in Onion Industry   The Philippine Competition Commission (PCC) confirms the receipt of the request for assistance by the Department of Agriculture (DA) on the alleged cold storage cartel in the onion industry. All of PCC’s actions are directed by its mandate… continue reading ››

PRESS STATEMENT 4 March 2019   Arsenio M. Balisacan, PhD Chairman Philippine Competition Commission “Fostering Competition in the Philippines: The Challenge of Restrictive Regulations” World Bank Report Launch Makati City Friends in the media, ladies and gentlemen, good morning. I congratulate the members of the World Bank team who spearheaded this comprehensive and well-researched study… continue reading ››

  The Philippine Competition Commission supports the National Council on Disability Affairs (NCDP) in the national observation of 15th Cerebral Palsy Awareness and Protection (CPAP) Week with the theme “A Better World  for Persons with Cerebral Palsy, Love+Understand+Support=Make a Difference.” The CPAP Week is observed from September 22-26  by virtue of Proclamation No. 588 signed… continue reading ››